Amid the fallout from U.S. sanctions on Russia's Gazprombank affecting Turkey, Ankara is urging Washington to lift the restrictions specifically for the Turkish side. According to the Turkish newspaper Hürriyet, this topic was raised on December 13 during discussions in Ankara with an American delegation led by U.S. Secretary of State Antony Blinken.

The publication reminds us that the U.S. administration imposed sanctions on Gazprombank to hinder Russia's use of the international financial …

Russia has begun pulling its military forces from Syria, according to media reports and satellite imagery. Reuters, citing an anonymous source within the Syrian security forces, reports that on Saturday, a cargo plane departed Russia’s Khmeimim Airbase in Latakia province for Libya. The source, whose affiliation with either Assad’s security services or the new regime remains unspecified, indicated that more flights are expected in the coming days. Cargo helicopters have also been spotted at the …

Russian businesses face increased payment scrutiny as UAE banks are now blocking and delaying transactions linked to Russian companies amidst a fresh wave of U.S. sanctions. These new restrictions add to the immense challenges the Russian economy faces due to Western-imposed sanctions, tightening the financial noose as overseas anti-sanction "hubs" fall apart under the threat of secondary sanctions.

The UAE had emerged as a crucial financial "hub" for Russian entities, facilitating their trade …